The financing of PAK DA (Russian next-generation strategic bomber) project has already been started; it will be a part of the new State Arms Program for 2016-2025, Director of Department of Aviation Industry of Russian Ministry of Industry and Trade, Andrey Boginsky, said at Singapore Airshow 2014, RIA Novosti reports.

The contract for development of PAK DA between the Ministry of Defense and an enterprise was signed in December 2013.

"The financing of the project has already been started; it will be a part of the new State Arms Program for 2016-2025", — Boginsky said. At present Russia’s long-range aviation operates Tu-160 and Tu-95 strategic bombers.